Tag Archive | "property"

Receiving live bullets “comes with the job”?

Receiving live bullets “comes with the job”?

SHOCK and outrage were expressed by many when DAP Member of Parliament (MP) Tony Pua received a death threat in the form of a live bullet and note on 11 Aug 2010. Such threats are unacceptable and should be thoroughly investigated and stopped. But according to one senior editor, receiving death threats is “part of an MP’s job”.

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Is there a common PR stand on quotas?

Is there a common PR stand on quotas?

PETALING Jaya Utara Member of Parliament Tony Pua’s recent suggestion for Selangor to abolish the 7% bumiputera discount for high-end property has not been uniformly received by Pakatan Rakyat (PR) leaders yet. Can we expect the implementation of Pua’s proposal for needs-based affirmative action in the PR-led states?

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Who benefits from bumiputera discounts?

Who benefits from bumiputera discounts?

SHOULD bumiputera discounts continue for properties worth more than half a million ringgit? Would it be a disservice to the bumiputera community if this race-based affirmative policy was removed?

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Survey: M’sia’s property outlook bleak

KUALA LUMPUR, 6 March 2009: A survey by thinkproperty.my shows Malaysia’s negative property outlook has deteriorated further, currently at 51%, the lowest since the survey began in May 2008. “Clearly we saw a sharp drop in the index in February. “With unemployment rising and Malaysia’s trading partners suffering from the economic slowdown, we believe the […]

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MB: Kedah housing policy misunderstood

MB: Kedah housing policy misunderstood

(© Steve Woods / sxc.hu) PETALING JAYA, 26 Feb 2009: Kedah’s 50% bumiputera housing policy only applies to properties built on Malay reserve land, Menteri Besar Datuk Seri Azizan Abdul Razak clarified. He said the ratio was still 70:30 for non-Malay Malaysians to Malay Malaysians on freehold land. The 50% quota on Malay reserve land […]

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Potential PNSB breach of banking rules

Potential PNSB breach of banking rules

SHAH ALAM, 25 Feb 2009: Permodalan Negeri Selangor Bhd (PNSB) may have breached banking rules by failing to declare conversions of large sums of ringgit into foreign currency in its purchase of properties in Saudi Arabia in 2007. Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim said the unauthorised RM25.6 million paid by PNSB for […]

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